Milestone Payment definition

Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;
Milestone Payment has the meaning set forth in Section 4.2.
Milestone Payment has the meaning set forth in Section 7.2.

Examples of Milestone Payment in a sentence

  • The APEC Secretariat shall make payment on Contractor Fee according to the Milestone Payment Schedule identified above at Clause 1.2 and/or as soon as practicable after approving the Milestone and receiving the appropriate invoices and accompanying supporting documentation from the Contractor.

  • In case of advance payment/ Milestone Payment, for the purpose of evaluation, interest shall be loaded on the amount so paid as advance for the delivery period quoted, as per Marginal Cost of funds based Lending Rate [MCLR] or any other rate as notified by Reserve Bank of India from time to time, prevailing on the date of tender opening.

  • The Milestone Payment system applies to psychiatric rehabilitation programs that maintain fidelity to the Evidence Based Practice in Supported Employment model.

  • CONTENTS OF BID DOCUMENTS 8.1 The Bid Documents will comprise the following documents and addenda issued in accordance with clause 10 below: Invitation for Bids Instruction to BiddersEligibility/Qualification Criteria Forms of BidProject Completion and Milestone Payment ScheduleGeneral Conditions of the Contract Technical SpecificationsBill of Quantities DrawingsForms of Agreement Indemnity Bond9.

  • Payments of the fixed remuneration shall be made on a 'Milestone Payment Basis' and the following Clauses 26 and 27 shall be substituted for Clauses 26-27 inclusive, of Section 2.


More Definitions of Milestone Payment

Milestone Payment shall have the meaning set forth in Section 5.1.2.
Milestone Payment has the meaning set forth in Section 1.11(a).
Milestone Payment shall have the meaning as defined in Section 7.3.
Milestone Payment a payment identified in Schedule 7.1 (Charges and Invoicing) to be made following the issue of a Milestone Achievement Certificate;
Milestone Payment shall have the meaning given in Section 4.3(a).
Milestone Payment has the meaning set forth in Section 2.3(a)(ii).